Garage Driessens: what changed
What changed
Garage Driessens
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€37,936
2024 · €28,574+€9,362
Equity
€550,520
2024 · €612,584-€62,064
Cash
€285,359
2024 · €277,524+€7,834
Balance sheet total
€576,154
2024 · €637,756-€61,601
Largest movements
Assets
- Stocks and contracts -€55,932
down €55,932 (-33.9%), from €165,233 to €109,301
- Tangible fixed assets -€12,073
down €12,073 (-8.4%), from €144,094 to €132,020
of which Land and buildings: -€10,578
- Cash +€7,834
up €7,834 (+2.8%), from €277,524 to €285,359
mainly Stocks and contracts (+€55,932) and Net result for the year (+€37,936)
Equity and liabilities
- Reserves -€62,064
down €62,064 (-13.9%), from €446,870 to €384,806
of which Distributable reserves: -€62,064
Income statement
- Gross operating margin +€13,444
up €13,444 (+20.4%), from €65,886 to €79,330
- Taxes +€3,505
up €3,505 (+27.5%), from €12,752 to €16,258
- Depreciation +€852
up €852 (+4.7%), from €18,259 to €19,111
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€28,574
Gross operating margin
+€13,444
Staff costs
+€129
Depreciation
-€852
Other operating charges
-€25
Financial income
+€52
Financial charges
+€119
Taxes
-€3,505
Result 2025
€37,936
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€114,872
Investment
-€7,037
Financing
-€100,000
Cash 2024
€277,524
From operations (derived)
+€114,872
Net result for the year
+€37,936
Depreciation
+€19,111
Stocks and contracts
+€55,932
Receivables within one year
+€1,083
Deferred charges and accrued income
+€347
Trade debts
-€998
Tax, wage and social debts
-€2,698
Advances received
+€1,000
Other debts
+€3,158
Investment (derived)
-€7,037
Investment in fixed assets (net)
-€7,037
Financing
-€100,000
Contributions, distributions and other
-€100,000
Cash 2025
€285,359
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €637,756 | €576,154 | -€61,601 | -9.7% |
| Fixed assets | 21/28 | €189,143 | €177,070 | -€12,073 | -6.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €144,094 | €132,020 | -€12,073 | -8.4% |
| Land and buildings | 22 | €123,384 | €112,806 | -€10,578 | -8.6% |
| Plant, machinery and equipment | 23 | €2,675 | €2,086 | -€588 | -22.0% |
| Furniture and vehicles | 24 | €17,356 | €17,128 | -€228 | -1.3% |
| Other tangible fixed assets | 26 | €679 | €0 | -€679 | -100% |
| Financial fixed assets | 28 | €45,050 | €45,050 | = | 0.0% |
| Current assets | 29/58 | €448,612 | €399,084 | -€49,528 | -11.0% |
| Stocks and contracts in progress | 3 | €165,233 | €109,301 | -€55,932 | -33.9% |
| Stocks | 30/36 | €165,233 | €109,301 | -€55,932 | -33.9% |
| Amounts receivable within one year | 40/41 | €3,154 | €2,071 | -€1,083 | -34.3% |
| Trade receivables | 40 | €3,154 | €1,674 | -€1,480 | -46.9% |
| Other amounts receivable | 41 | - | €397 | +€397 | |
| Cash at bank and in hand | 54/58 | €277,524 | €285,359 | +€7,834 | +2.8% |
| Deferred charges and accrued income | 490/1 | €2,702 | €2,354 | -€347 | -12.9% |
| Total equity and liabilities | 10/49 | €637,756 | €576,154 | -€61,601 | -9.7% |
| Equity | 10/15 | €612,584 | €550,520 | -€62,064 | -10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €446,870 | €384,806 | -€62,064 | -13.9% |
| Tax-exempt reserves | 132 | €11,453 | €11,453 | = | 0.0% |
| Distributable reserves | 133 | €435,417 | €373,353 | -€62,064 | -14.3% |
| Profit (loss) carried forward | 14 | €147,114 | €147,114 | = | 0.0% |
| Amounts payable | 17/49 | €25,172 | €25,635 | +€463 | +1.8% |
| Amounts payable within one year | 42/48 | €25,172 | €25,635 | +€463 | +1.8% |
| Trade debts | 44 | €5,975 | €4,978 | -€998 | -16.7% |
| Suppliers | 440/4 | €5,975 | €4,978 | -€998 | -16.7% |
| Advances received on contracts in progress | 46 | €1,000 | €2,000 | +€1,000 | +100% |
| Taxes, remuneration and social security | 45 | €17,801 | €15,103 | -€2,698 | -15.2% |
| Taxes | 450/3 | €17,801 | €15,103 | -€2,698 | -15.2% |
| Other amounts payable | 47/48 | €396 | €3,554 | +€3,158 | +798% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €129 | - | -€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,259 | €19,111 | +€852 | +4.7% |
| Other operating charges | 640/8 | €6,228 | €6,253 | +€25 | +0.4% |
| Gross operating margin | 9900 | €65,886 | €79,330 | +€13,444 | +20.4% |
| Operating profit (loss) | 9901 | €41,270 | €53,966 | +€12,696 | +30.8% |
| Financial income | 75/76B | €501 | €553 | +€52 | +10.4% |
| Recurring financial income | 75 | €501 | €553 | +€52 | +10.4% |
| Financial charges | 65/66B | €445 | €325 | -€119 | -26.8% |
| Recurring financial charges | 65 | €445 | €325 | -€119 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €41,326 | €54,193 | +€12,867 | +31.1% |
| Income taxes | 67/77 | €12,752 | €16,258 | +€3,505 | +27.5% |
| Profit (loss) for the period | 9904 | €28,574 | €37,936 | +€9,362 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,574 | €37,936 | +€9,362 | +32.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.